128 NINTH AVENUE
Brantford, Ontario
MLS® X12783170
$1,099,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X12783170
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 32Listing description
Welcome to this well-maintained, fully tenanted purpose-built 4-plex offering a solid investment opportunity in a highly convenient location close to transit, schools, parks, shopping, and everyday amenities. This property features a desirable unit mix of three spacious 2-bedroom apartments and one generous 3-bedroom unit, appealing to a wide range of tenants. Each unit is thoughtfully laid out and includes a 4 pc bathroom, full kitchen, living room, a balcony providing valuable outdoor space, along with a large dedicated locker located in the basement for added storage.
Tenants enjoy the convenience of an onsite laundry room equipped with token-operated washer and dryer, generating additional income for the owner. Operational efficiency is enhanced with each unit having its own hot water tank rental, allowing for simplified utility management. The building also offers additional basement storage space reserved for landlord use, ideal for maintenance supplies or equipment.
A rear parking lot provides ample parking for up to 8 vehicles, a significant asset for tenant retention and overall appeal. The property has been well cared for, reflecting pride of ownership and minimizing immediate capital expenditures for the next owner. Ideally situated in an established neighbourhood, this turnkey investment presents stable cash flow and a compelling opportunity for investors seeking a low-maintenance, income-producing property.
Property summary
- MLS® number
- X12783170
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 3,804 sq ft
- Land size
- 80 x 149 FT
- Annual property taxes
- $6,268.71
- Days on market
- 195 days
Features & details
- Heating
- Other
- Cooling
- None
- Appliances
- Washer, Dryer
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $1,099,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXIT REALTY HARE (PEEL), BRAMPTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.